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SHIMNIT INDIA
Ather Energy narrows gap with Ola Electric as EV sales decline amid rare earth magnet crunchOla Electric's focus on profitability has led to a market share decline, with Ather Energy closing the gap. The electric two-wheeler segmen...- Ather Energy betters Q4 results where Ola Electric faltersOla Electric experienced a significant downturn in the March quarter, with revenue declining by 62% to Rs 611 crore and losses doubling to ...
- Ola Electric reports revenue decline and widening losses in March quarterOla Electric's March quarter saw a significant revenue drop and widened losses, impacted by registration process issues and declining marke...
- Ola Electric loss widens to Rs 870 crore in March quarter as sales scoot overOla Electric's March quarter financials revealed a significant revenue drop and widened losses, impacted by registration process issues and...
- Ola Electric slips to number three in EV two-wheeler market as legacy players gain groundOla Electric's market share in India's electric two-wheeler market has significantly declined, falling to third place in May as TVS Motor a...
- Legacy e-scooter companies charge aheadOla Electric's market share declined in May. TVS Motor and Bajaj Auto gained ground. Ola Electric's registrations decreased significantly. ...
- Ola Electric board clears Rs 1,700 crore debt raise via NCDsOla Electric plans to raise up to Rs 1,700 crore through non-convertible debentures (NCDs) or other debt instruments via private placement....
- Ola Electric plans fundraise amid market share slump, stock slideA board meeting scheduled on May 22 will consider raising capital through NCDs or other eligible securities. This would be the Bengaluru-ba...
- Tariffs cloud tech outlook; Oyo hits IPO wallAmazon and Apple beat estimates, but their forecasts amid Trump’s trade war raised investor concerns. This and more in today’s ETtech Top 5.
- Ola Electric’s market share dips below TVS amid sharp drop in April salesOla Electric has lost its top spot to TVS Motor after a big drop in sales last month. Other companies like Bajaj Auto and Ather Energy are ...
- Ola Electric settles dues with Rosmerta as creditor withdraws insolvency pleaOla Electric Technologies has cleared all outstanding dues with its creditor, Rosmerta Group. In response, Rosmerta has filed to retract th...
- Ola Electric faces government inquiries over registration discrepanciesPer the Vahan portal, only 8,652 Ola Electric vehicles were registered in February against reported sales of 25,000. Ola Electric said the ...
- Government asks ARAI to probe Ola Electric's sales figure mismatch, consumer complaintsThe Heavy Industries Ministry has instructed the Automotive Research Association of India (ARAI) to investigate discrepancies between Ola E...
- Ola Electric’s subsidiary faces insolvency plea over payment disputeRosmerta Digital Services filed an insolvency plea against Ola Electric Technologies over alleged payment defaults. Ola Electric disputes t...
- Ola Electric renegotiates registration agency contracts; no impact on sales seenOla Electric, India's largest electric scooter manufacturer, is renegotiating contracts with its vehicle registration agencies, leading to ...
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